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KeyBank Foundation Announces Awardees of $200,000 CDFI Bicentennial Grants
KeypKeyp(US:KEY) Prnewswireยท2025-07-28 13:03

Core Points - KeyBank Foundation has launched a $5.4 million grant program to support Community Development Financial Institutions (CDFIs) across 27 markets, focusing on affordable housing and small business growth [1][3] - In areas without eligible CDFI proposals, KeyBank will establish a $200,000 donor-advised fund to ensure community participation in the bicentennial celebration [1] - The selected CDFI grant recipients are implementing community-driven solutions in affordable housing, economic inclusion, workforce development, and neighborhood revitalization [2] Company Overview - KeyBank is celebrating its bicentennial in 2025, marking 200 years of service with approximately $185 billion in assets as of June 30, 2025 [6] - The bank operates under the name KeyBank National Association, providing a range of financial services through about 1,000 branches and 1,200 ATMs across 15 states [7] - KeyBank also offers corporate and investment banking products, including merger and acquisition advice, public and private debt and equity, syndications, and derivatives [7]